THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY, THE ENVIRONMENTAL TAXE AND THE MECANISM’S GOVERNANCE ON THE FINANCIAL PERFORMANCE OF FTSE100 LISTED COMPANIES IN UK

Abstract

This research aims to iditenfy the link between CSR, Environmental Tax and mecanism’s governance on the financial performance of FTSE100 listed companies in UK.

The theoretical framework presents CSR and Governance as complex and proposes to simplify it through citizen satisfaction, emphasizing the quality approach in our theoretical scheme. The empirical approach presents à case study of 64 FTSE100 listed companies through a convenience sample of 385 observations. We thus present the direct effects resulting from hypothesis testing between the variables "CSR", "Governance mechanisms" and "Environmental Tax".

The validation of our research hypotheses pushes the reflection on the apprehension of the CSR and Environmental Tax performance by the decision makers and on the necessity to integrate the citizen's satsifaction as an inherent measure of the company's performance while admitting that the performance of the public administration is complex, unpredictable and thus adjusting the performance to the hazards of the system.